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    660 Grape St Medford, OR 97501

    For Sale
    $2,950,000

    Vacant 50,600 SF Warehouse, $2.95M

    Property size:
    50,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 660 S Grape St in Medford, Oregon (97501), presents a significant investment opportunity. The vacant warehouse boasts a substantial 50,600 square feet of space, priced competitively at $58.30 per square foot. Originally constructed in 1949, the property comprises five single-story buildings situated on a 2.24-acre lot. The buildings feature a combination of concrete and CMU block construction, offering durability and longevity. The interior includes high ceilings, heavy power, updated lighting, concrete floors, and floor drains – features ideal for a variety of industrial uses. The property is zoned I-G, providing flexibility for potential tenants. The property's history as a food processing facility speaks to its robust infrastructure. The assessed parcel numbers are 10374746, 10374720, and 10374711. This well-located warehouse in Jackson County offers significant potential for a discerning investor seeking a substantial industrial holding in a thriving Oregon market. The property's size, features, and zoning make it an attractive prospect for a wide range of industrial businesses. This is a rare opportunity to acquire a large, well-maintained warehouse in a desirable location.

    Property Features for 660 Grape St

    General Information

    Property type
    Distribution properties
    Square Feet
    50,600 SF
    Lot Size
    97,574 SF

    Building Details

    Year Built
    1949
    Buildings
    5
    Stories
    1

    HighLights

    • $2,950,000 asking price for this vacant 50,600 SF warehouse.
    • Located at 660 S Grape St, Medford, OR 97501.
    • Industrial property, warehouse subtype, with I‑G zoning.
    • Features high ceilings, heavy power, updated lighting, concrete floors, and floor drains.
    • Built in 1949, single‑story, five buildings on a 2.24‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.86844536343
    Latitude
    42.317911972215

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    FAQs

    What type of property is this?
    Distribution property - Vacant 50,600 SF Warehouse, $2.95M
    Where is this distribution property located?
    The property is located at 660 Grape St Medford, OR.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: $2,950,000 asking price for this vacant 50,600 SF warehouse.; Located at 660 S Grape St, Medford, OR 97501.; Industrial property, warehouse subtype, with I-G zoning.
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    660 Grape St Medford, OR 97501
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